New Delhi, Delhi India (PressExposure) February 10, 2011 -- India's 360° Franchise Solutions Company, Franchise India affirm its presence at International Franchise Association's (IFA) 51st Annual Convention. The International Franchise Expo will be held on February 13-16, 2011 at the MGM Grand Hotel in Las Vegas.
The IFA Annual Convention is a one-stop shop for informative educational seminars, expert speakers and exhibitors to help you stay up-to date on the latest industry trends and solutions for franchising across the world. Franchising is one the world's fastest growing and most lucrative industries. One-third of the American economy is run on franchising and every third dollar is spent on franchising there. In India, the franchising industry is beginning to assume importance for the last decade or so. Franchising offers India an opportunity to build its commercial infrastructure and develop its domestically oriented businesses in an efficient and profitable manner. The convention, now running in its 51st year, offers immense exposure and a huge platform for the Indian franchise industry to leverage.
Elaborating on the importance, Mr. Gaurav Marya, President, Franchise India said, "India, a commonwealth nation and the world's largest democracy, has the largest market for all kinds of consumer goods. For over a decade now, FRANCHISE INDIA is vigorously working towards providing support and structure to those who are seeking to be part of the franchising fraternity. Today, the Indian Franchising industry is estimated to be around INR 10, 000 crore with about 1500 homegrown franchisors and is growing at a rate of 25-30% annually. This burgeoning industry has now begun to attract the global attention and the convention offers a huge platform and opportunity to take the enlargement forward.
FRANCHISE INDIA is advising leading corporations in India for Master Franchise Acquisitions across the globe, the year marked capital for which is expected to be around $ 100 million. The sectors which are being considered are Food & beverage, Retail, Services, Health and Beauty Wellness amongst others." added Mr. Marya.
For further information, please contact: Franchise India: Madhulika D Singh I Sr Manager - PR & Corporate Communications I 09999747048 I firstname.lastname@example.org